EPR Properties secures new $1.0B revolving credit facility with improved terms and maturity extended to 2028

EPR PROPERTIES

New $1.0B senior unsecured revolving credit facility matures October 2, 2028, with two six-month extension options.
Interest rate spreads reduced; tangible net worth covenant eliminated; secured debt covenant modified to allow more secured debt.
Accordion feature permits increase of facility by $1.0B to $2.0B total, subject to lender consent.
At close of business September 19, $169M was drawn, leaving $831M available for borrowing.
Simplified capitalization rate method for asset valuation; no unused line fee on undrawn amount.

item 1.01 item 2.03 item 3.03 item 7.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.